The Upper Austrian energy provider recorded an increase in sales of 12.2% in the fiscal year 2010/11. EBIT was down by 2.6% to € 125.6m.

For the Energie AG Group, the past fiscal year was marked by mutually conflicting trends: On the one hand, the economic upswing and the positive momentum were reflected in the market areas in the quantities sold throughout all segments, and on the other, the regulatory environment, specifically for own electricity procurement, proved to be very turbulent: the political unrest in North…